Rera Exam Questions With Correct Answers

Rera Exam Questions With Correct Answers
// // // // //




Highest //Burj //Khalifa //- //CORRECT //ANSWERS(S)✔✔829,8 //(2722 //ft)



Business //Bay //number //of //buldings //- //CORRECT //ANSWERS(S)✔✔240 //(completed //2008)



Palm //Jumeirah //- //CORRECT //ANSWERS(S)✔✔3 //Palms //520 //km //by //Nakheel



Al /
/Maktoum /


/International /


/Airport //- //CORRECT //ANSWERS(S)✔✔Projected //anual //capacity //160 //Million //passanger




The //World //Island //- //CORRECT //ANSWERS(S)✔✔by //Nakheel



Dubai /
/Land /


/Department /


/(DLD) //- /


/CORRECT /


/ANSWERS(S)✔✔The /


/main /


/objective /


/of /


/DLD /


/is /


/to /


/organize /


/and /


/documents /


/all //real //estate //transaction //for //and //behalf //Dubai //Goverment. //established //24.01.1960

,RERA //- /
/CORRECT /


/ANSWERS(S)✔✔Real /


/Estate /


/Regulatory /


/Agency. /


/Rera /


/regulates /


/the //real //estate //investment //in //the //emirate //of //Dubai. //Launched //31 //of //July //2007.




Objectives //of //RERA //- //CORRECT //ANSWERS(S)✔✔RERA //Role //is: //

- //Licensing //all //real //estate //activities.

- //Managing //and //organizing //real //estate //developers' //trust //accounts. //

- //Licensing //and //organizing //real //estate //agents.

- //Regulating //and //registering //Rental //Agreements. //

-Regulating //and //supervising //the //owners //associations.



Regulation /
/#3 /


/of /


/2006 //- /


/CORRECT //ANSWERS(S)✔✔In //2001 //Dubai //Goverment //agreed //to //allow //expats //to //have //99-


year /
/lease /


/of /


/particular /


/property. //In //2002 //Sheikh //Mohammed //bin //Rashid //Al //Maktoum, //issued //a //decree //allowing


//foreigners //to //buy //property //on //freehold //ownership.




Freehold //- //CORRECT //ANSWERS(S)✔✔You //own //property //and //land //Forever.

,Leasehold //- //CORRECT //ANSWERS(S)✔✔You //own //property //but //not //land



Tarakheesi //- /
/CORRECT /


/ANSWERS(S)✔✔Tarakheesi /


/is /


/web /


/application //meant //for //Real //Estate //Offices //for //managing //Real //Estate //Broker //operation.



-Issuing //broker //card //

-Updating //broker //card //

Cancelling //broker //card.



Blue /
/Broker /


/Card //- /


/CORRECT /


/ANSWERS(S)✔✔Blue /


/card //issued //under //the //DED //licenses //and //brokers //are //allowed //to //work //in //Dubai. //



Allows //brokers //to //sell/lease //in //Dubai //+ //FZ //+ //Sell //for //developers //but //not //time //share.



Green //Broker //Card //- //CORRECT //ANSWERS(S)✔✔Can //only //sell //developers //project.



Red /
/Broker /


/Card //- /


/CORRECT /


/ANSWERS(S)✔✔only //time //share //properties; //sell //one //unit //to //more //than //one //person.




Yellow //Broker //Card //- //CORRECT //ANSWERS(S)✔✔only //FZ //properties

, Return /
/on /


/investment /


/(ROI) //- /


/CORRECT /


/ANSWERS(S)✔✔It /


/measures /


/the /


/gain //or //loss //generated //on //an //investment //relative //to //the //amount //of //money //invested. //



ROI /
/is /


/usually /


/expressed /


/as //


a/
/percentage /


/and /


/is /


/typically /


/used /


/for /


/personal /


/financial /


/decisions, /


/to /


/compare //


a //company's //profitability //or //to //compare //the //efficiency //of //different //investments.

ROI //(Net //profit/Cost //of //investment)x100



What's //is //a //listing? //- //CORRECT //ANSWERS(S)✔✔A //listing //is //a //contract //between //an //owner
//and //broker.




What //is //the //different //between //type //of //listings? //- //CORRECT //ANSWERS(S)✔✔-Exclusive //

-Open //listing